THE HEDGEROW, BISHOP NORTON ROAD, GLENTHAM, MARKET RASEN, LN8 2EU - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE HEDGEROW is a small detached house of 103m², built sometime between 1983 and 1990. It was last sold for £240,000 in June 2018, which was around 7% above the average June 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

THE HEDGEROW Sold Prices

Land registry data shows three sales for THE HEDGEROW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three THE HEDGEROW sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 8 JUN	£240,000	£224,902	7% above HPI
2016 30 SEP	£225,000	£204,504	10% above HPI
2015 15 SEP	£194,500	£201,321	3% below HPI

THE HEDGEROW Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three THE HEDGEROW sales between September 2015 and June 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might THE HEDGEROW be worth now?

THE HEDGEROW might now be worth an estimated £304,046.

This is based on house price inflation of 26.7%, between June 2018 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.7% inflationary increase is applied to the most recent sale price for THE HEDGEROW of £240,000 on 8th June 2018. For the value to have increased from £240,000 to £304,046 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of THE HEDGEROW has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of THE HEDGEROW has not materially changed since June 2018.

How Large is THE HEDGEROW?

THE HEDGEROW is 103m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Glentham, and where THE HEDGEROW lies on this distribution: 31% of detached houses houses are smaller than THE HEDGEROW, and 69% of houses are larger. Note that EPC data is not available for all properties in Glentham.

THE HEDGEROW: Plot and Title Map

THE HEDGEROW sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of THE HEDGEROW, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE HEDGEROW). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE HEDGEROW?

THE HEDGEROW is located on BISHOP NORTON ROAD in GLENTHAM, in the LN8 postcode district. The below map shows the position of THE HEDGEROW on BISHOP NORTON ROAD.